Avio Smart Market Stack Approves 49 Crore Rights Issue For Growth

Board approved Rs49Cr rights issue (terms TBD), Rs14Cr Ampivo investment via 14016 shares at Rs9988.63 to 12.70% with 70% revenue share, withdrew 11.13Cr-share preferential plea. Pivot from prior larger QIP and large Ampivo swap to smaller rights-funded minority top-up; first quantified cash into pilot Agri Kisan Setu rollout; preferential withdrawal flags regulatory delay. Rights price, ratio, record date, remaining use of proceeds, Ampivo valuation terms and fresh preferential timeline undisclosed; dilution and approvals pending; minority stake gives no control.